Zydus Lifesciences of ₹600 crores approved by the board of directors at the meeting was held on February 8, 2024. Zydus Lifesciences will be done via the Tender Offer route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of ₹1 each equity share at a price of ₹1005 per Equity Share and for an aggregate amount not exceeding ₹600 crores from the shareholders. Check out Zydus Lifesciences Buyback 2024 details below:
Zydus Lifesciences Limited is a leading Indian Pharmaceutical company that offers healthcare services globally. The company manufactures formulations, APIs, vaccines, biosimilars, complex products (transdermals, topical etc.), animal health products as well as wellness products. Zydus Lifesciences Limited has more than 30 manufacturing plants worldwide including India, Germany, Brazil & USA. Zydus Lifesciences Limited is the fourth largest pharmaceutical company in India. Zydus Lifesciences was formerly known as Cadila Healthcare Limited.
Zydus Lifesciences History
- N/A
Zydus Lifesciences Buyback 2024 Dates
| Buyback Meeting Date: | February 9, 2024 |
| Buyback Announcement Date: | February 9, 2024 |
| Buyback Record Date: | February 23, 2024 |
| Last Date to Buy Shares: | February 22, 2024 |
| Buyback Open Date: | February 29, 2024 |
| Buyback Close Date: | March 07, 2024 |
| Finalization of Buyback Acceptance: | March 13, 2024 |
Zydus Lifesciences Buyback 2024 Offer Details
Zydus Lifesciences of 59,70,149 equity shares at a price of ₹1005 per equity share. The buyback offers not to exceed ₹600 crores of the total buyback offer size.
| Offer Amount: | ₹600 Crores |
| Number of Shares: | 5,970,149 Equity Shares |
| Face Value: | ₹1 per equity share |
| Buyback Price: | ₹1005 per equity share |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Zydus Lifesciences Buyback 2024 Acceptance Ratio
The investor should buy around 199 shares at a current market price of ₹805 (as of date). The calculation will be ₹2,00,000 / ₹1,005 buyback price = 199 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹160,195 | 65 | ₹13,000 |
| 50% | ₹160,195 | 99 | ₹19,800 |
| 75% | ₹160,195 | 149 | ₹29,800 |
| 100% | ₹160,195 | 199 | ₹39,800 |
Zydus Lifesciences Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹14,404 | ₹11,013 | ₹2,185 |
| 2022 | ₹15,110 | ₹11,768 | ₹4,618 |
| 2023 | ₹17,237 | ₹13,378 | ₹2,092 |
How to Participate in Zydus Lifesciences Buyback 2024
The investors are eligible for the buyback scheme who have Zydus Lifesciences shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Zydus Lifesciences Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Chambal Fertilisersepted shares by the company under the Zydus Lifesciences scheme.
Zydus Lifesciences Buyback 2024 Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
Zydus Lifesciences Buyback 2024 Lead Managers
- ICICI Securities Limited
Zydus Lifesciences Company Address
Zydus Lifesciences Limited
Zydus Corporate Park, Scheme No. 63,
Khoraj (Gandhinagar), 536, Sarkhej-Gandhinagar Hwy
Near Vaishnodevi Circle, Ahmedabad, 382481
Phone: +91-79-71800000
Email: [email protected]
Website: https://zyduslife.com
How to Apply the Zydus Lifesciences through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “Zydus Lifesciences”. Click on Place Order. Enter your Quantity and submit Zydus Lifesciences Application Form.
How to Apply the Zydus Lifesciences through Upstox?
Log in to Upstox Application with your credentials. Select the Zydus Lifesciences. You will see the Company Name “Zydus Lifesciences”. Click on Zydus Lifesciences Stock for Buyback. Enter your Quantity and submit Zydus Lifesciences Application Form.
How to Apply the Zydus Lifesciences through Zydus Lifesciences Paytm Money?
Log in to Paytm Money Application with your credentials. Select the Zydus Lifesciences. Enter your Quantity and submit Zydus Lifesciences Application Form.
